The Bonddad Blog

It's that time of the week. The markets are almost closed. It's time to do anything except think about the economy and the markets. ...

In the post below I broke down goods production employment. Let's take a look at services. Information services fell for the first two ...

From the BLS: Total nonfarm payroll employment fell sharply (-598,000) in January. Since the recession began in December 2007, 3.6 million ...

Notice the following on the weekly dollar chart: -- In the second rally prices have not gotten as high as the previous rally -- The recent r...

Click for a larger image The main issue with this chart is prices have not gotten through the 61.8% level from the January 28 to February 2 ...

In the post below I discussed the fundamental situation in the financial sector. Now let's take a look at the technical situation to see...

From the WSJ: Until confidence returns on the solvency of banks, the market is unlikely to break out of the range between 750 and 900 on the...

From today's WSJ: Every time the oil market attempts to ignite a rally, an upsurge from the sea of crude stored on waterborne tankers sn...

Notice the following on the weekly chart: -- Prices are forming a triangle consolidation pattern -- All the SMAs are moving lower -- Prices ...

Click for a larger image The prices/indexes are still within the upward sloping channel. However, Looking at the daily 5-minute chart, we...

From Bloomberg: Harry Markopolos, a former money manager who sought to convince regulators for nine years that Bernard Madoff was a fraud, ...

From Bloomberg: Companies in the U.S. cut an estimated 522,000 jobs in January as the economy weakened at the start of the year, a private r...

From CNBC: Planned layoffs at U.S. firms in January reached their highest monthly level in seven years, according to a report released on We...

Click on all images for a larger image Above is a chart of platinum. Notice that prices have literally fallen off a cliff starting in July ...

On the daily chart, simply notice that prices are still within their trend channel. On the 5-minute chart, notice the following: -- Prices b...

From Bloomberg: Ford Motor Co. said U.S. sales fell 40 percent in January, and Toyota Motor Corp. posted a 32 percent drop as the recessio...

From Bloomberg: The U.S. housing market lost $3.3 trillion in value last year and almost one in six owners with mortgages owed more than the...

From the ISM: The report was issued today by Norbert J. Ore, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Su...

Click for a larger image Notice the following: -- Since the late December peak the 7-10 year Treasury market has been in a clear downward tr...

Click for a larger image: The main issue with today's market is prices closed right near the lower trading band. That tells us the next...